| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
MUSA Stock Overview
Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise.
Murphy USA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$192.32 |
| 52 Week High | US$202.20 |
| 52 Week Low | US$119.47 |
| Beta | 0.96 |
| 1 Month Change | 0.30% |
| 3 Month Change | 13.28% |
| 1 Year Change | 54.36% |
| 3 Year Change | 133.34% |
| 5 Year Change | 205.95% |
| Change since IPO | 395.03% |
Recent News & Updates
Murphy USA: Continue To Avoid
Sales are up nicely in 2021 relative to both 2020 and 2019. The problem is that net income is down dramatically compared to 2020. In spite of this, the shares are ~40% more expensive than when I backed up the truck here. I'll need to see them fall before I become interested. My short puts added ~5% to my overall returns here, while exposing me to far less risk than a shareholder. I would recommend learning about these instruments.
Estimating The Fair Value Of Murphy USA Inc. (NYSE:MUSA)
How far off is Murphy USA Inc. ( NYSE:MUSA ) from its intrinsic value? Using the most recent financial data, we'll take...
Shareholder Returns
| MUSA | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | -0.9% | -3.1% | -0.3% |
| 1Y | 54.4% | -0.3% | 13.7% |
Return vs Industry: MUSA exceeded the US Specialty Retail industry which returned -0.3% over the past year.
Return vs Market: MUSA exceeded the US Market which returned 13.7% over the past year.
Price Volatility
| MUSA volatility | |
|---|---|
| MUSA Average Weekly Movement | 4.1% |
| Specialty Retail Industry Average Movement | 7.3% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: MUSA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MUSA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 7,400 | R. Clyde | https://www.murphyusa.com |
Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA and Murphy Express brand names. As of February 3, 2021, it operated 1,503 retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.
Murphy USA Fundamentals Summary
| MUSA fundamental statistics | |
|---|---|
| Market Cap | US$4.93b |
| Earnings (TTM) | US$349.10m |
| Revenue (TTM) | US$13.48b |
14.1x
P/E Ratio0.4x
P/S RatioIs MUSA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MUSA income statement (TTM) | |
|---|---|
| Revenue | US$13.48b |
| Cost of Revenue | US$12.52b |
| Gross Profit | US$964.80m |
| Expenses | US$615.70m |
| Earnings | US$349.10m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 02, 2022
| Earnings per share (EPS) | 13.62 |
| Gross Margin | 7.16% |
| Net Profit Margin | 2.59% |
| Debt/Equity Ratio | 202.9% |
How did MUSA perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield8%
Payout RatioValuation
Is Murphy USA undervalued compared to its fair value and its price relative to the market?
14.12x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MUSA ($192.32) is trading above our estimate of fair value ($139.23)
Significantly Below Fair Value: MUSA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MUSA is poor value based on its PE Ratio (14.1x) compared to the US Specialty Retail industry average (8.6x).
PE vs Market: MUSA is good value based on its PE Ratio (14.1x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: MUSA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MUSA is overvalued based on its PB Ratio (6x) compared to the US Specialty Retail industry average (2.7x).
Future Growth
How is Murphy USA forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-3.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MUSA's earnings are forecast to decline over the next 3 years (-3.5% per year).
Earnings vs Market: MUSA's earnings are forecast to decline over the next 3 years (-3.5% per year).
High Growth Earnings: MUSA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MUSA's revenue (6.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: MUSA's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MUSA's Return on Equity is forecast to be high in 3 years time (23.9%)
Past Performance
How has Murphy USA performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MUSA has high quality earnings.
Growing Profit Margin: MUSA's current net profit margins (2.6%) are lower than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: MUSA's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: MUSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MUSA had negative earnings growth (-6.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (151.5%).
Return on Equity
High ROE: Whilst MUSA's Return on Equity (42.33%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Murphy USA's financial position?
Financial Position Analysis
Short Term Liabilities: MUSA's short term assets ($826.6M) exceed its short term liabilities ($718.9M).
Long Term Liabilities: MUSA's short term assets ($826.6M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: MUSA's net debt to equity ratio (166.4%) is considered high.
Reducing Debt: MUSA's debt to equity ratio has increased from 89.6% to 202.9% over the past 5 years.
Debt Coverage: MUSA's debt is well covered by operating cash flow (40.8%).
Interest Coverage: MUSA's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
Dividend
What is Murphy USA current dividend yield, its reliability and sustainability?
0.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MUSA's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: MUSA's dividend (0.6%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: MUSA is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: MUSA is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MUSA is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MUSA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
R. Clyde (57 yo)
8.42yrs
Tenure
US$8,240,299
Compensation
Mr. R. Andrew Clyde has been the President and Chief Executive Officer at Murphy USA Inc. since August 2013. He serves as Director at Federal Reserve Bank of St. Louis since January 1, 2021. Mr. Clyde is i...
CEO Compensation Analysis
Compensation vs Market: R.'s total compensation ($USD8.24M) is about average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: R.'s compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MUSA's management team is seasoned and experienced (5.6 years average tenure).
Board Members
Experienced Board: MUSA's board of directors are considered experienced (8.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Murphy USA Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Murphy USA Inc.
- Ticker: MUSA
- Exchange: NYSE
- Founded: 1996
- Industry: Automotive Retail
- Sector: Retail
- Implied Market Cap: US$4.930b
- Shares outstanding: 25.63m
- Website: https://www.murphyusa.com
Number of Employees
Location
- Murphy USA Inc.
- 200 Peach Street
- El Dorado
- Arkansas
- 71730-5836
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 23:29 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.